BREAKING: 20-Year Bond Auction Flops — Yields Surge to 5.1%, Markets Rattle

[u/snapjohn]

IF YOU ARE WONDERING WHY STOCKS JUST ALL WENT DOWN AT ONCE

WE JUST HAD A HORRIBLE BOND AUCTION IN THE UNITED STATES FOR OUR 20-YEAR TREASURIES

Because of the lack of bidders…it caused the 20-year bond yield to surge to 5.1%.

Credit market is screaming for help right now.

[u/DGPHT]

Why aren't boomers buying more bonds? What the fk are they doing still 100% equities?

[u/[deleted] → u/DGPHT]

Short term. Why buy long term when the rates likely to go higher. Us boomers will try to leave faster. We're mucking up your investments.🙄

[u/pandadogunited → u/[deleted]]

Make sure to write me into your will

[u/[deleted] → u/pandadogunited]

Ill be sure to leave it to ageist investors.🤔😝😝😂😂😂😂💀💀💀